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The Investment Review Committee of Taiwan’s (China) economic department has granted approval for TSMC’s wholly-owned Japanese subsidiary, JASM, to upgrade the process technology of its second wafer fabrication plant (Fab23 P2), currently under construction in Kumamoto Prefecture, from 6nm to 3nm. This state-of-the-art facility is projected to have a monthly production capacity of 15,000 12-inch wafers and is expected to complete equipment installation and begin mass production in 2028. In a related development, the committee has also approved TSMC’s plan to inject US$30 billion in capital into TSMC GLOBAL LTD. The funds will be invested in bank fixed deposits and U.S. dollar bonds, aiming to generate interest income and mitigate foreign exchange hedging costs.
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